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RIL raises $1 billion
Reliance Industries (RIL) has raised $1 billion (nearly Rs 5,000 crore) by selling foreign currency bonds to investors abroad through its arm, Reliance Holding USA. The bonds carry a coupon of 5.4 per cent, payable semi-annually and unconditionally guaranteed by RIL. The transaction was subscribed nearly eight times. Nearly 400 accounts in Asia, Europe and America participated in the issue. Citigroup

Climax to Greek tragedy gives markets a high

Key stock market indices, the Sensex and the Nifty, rose to six-month highs on Thursday, supported by European markets after reports that Greece’s leaders were nearing an agreement on further

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RIL may price $1 bln bond Thursday: sources

Reliance Industries may price as early as Thursday a $1 billion 10-year bond that will be used to fund capital expenditure in its U.S. shale gas business, two sources with direct knowledge of the

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China Jan inflation at 3-month high of 4.5 pct yr/yr

China's annual inflation rate accelerated to 4.5 percent in January, well ahead of market expectations and breaking a five-month trend of easing price pressures as consumers ramped up spending during

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Genetic origins of Parkinson's disease identified
Researchers have discovered how mutations in the parkin gene lead to the incurable Parkinson's disease.

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Temasek to sell 1.4% in ICICI Bank

Singapore state investor Temasek Holdings is selling 1.38 per cent stake in India’s No. 2 lender, ICICI Bank, according to a term sheet seen by Reuters, in a deal to raise up to Rs 1,472.3

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